BGX – Black Gold Exploration Corp. (TSE:BGX) has released an update.
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Black Gold Exploration Corp. has notably expanded its portfolio by acquiring a 30% stake in oil and gas leases in Indiana’s Illinois Basin, marking the company’s strategic entry into the U.S. market. This move, facilitated through a share purchase agreement valued at $2.4 million, is in partnership with LGX Energy Corp., which brings a strong track record in hydrocarbon production and development in the region.
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